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Your World With Neil Cavuto

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Us 11, China 10, Nasa 6, America 5, Geico 4, Opec 4, Neil 3, Mars 3, Illinois 3, Obama 3, John Stossel 2, Ben Stein 2, Campbell 2, Ashley 2, Underdelivering 2, S&p 2, Sam Gibbs 2, Ben 2, Donald Trump 2, Tim Geithner 2,
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  FOX News    Your World With Neil Cavuto    News/Business. Money tips  
   from Wall Street. New. (CC)  

    April 8, 2010
    4:00 - 5:00pm EDT  

in the bell's ringing. positive. >> neil: good news, take the credit, bad news, blame caesar chavez aned easter bun y glad to have you, i'm neil cavuto and this is your world. 18,000 more people hopping on unemployment to collect initial jobless benefits. they expected fewer, now the excuses are multiplying like rabbits. some are saying easter and chavez saying california causing the spike. in anybody democrats said snowstorms from responsible for jobs, who home sales and retail sales and then floods and landslides blamed for a slide in jobs in january. congressman, i never noticed the
excuses when the numbers are good but it makes sense when they're bad to put an as terrific next to them. what do you make of the latest? >> next month the dog ate my homework. americans are tired of the joblessness. the number we're supposed to be at in terms of projections based on the stimulus is unemployment of 7.4% nationally. 2 1/2 points below where we are. in illinois, we're knocking on the door of 11% unemployment. i think the weakness of the administration is now playing a further blame game as it relates to the charges against some of the large employers here in illinois, caterpillar says the healthcare bill will cost $100 million next year, john deere says $150 million. >> by the way, a couple leaders are going to capitol hill to explain the numbers.
what do you make of that? >> if i were those c.e.o.s i would take that invitation and robustly defend what they're doing. they're following the law, they have to take these charges at they losses or expenses and to go and use that plan and explain t it's not as if this congress and this administration weren't warned. they were told time and time and time again that this was going to be a costly adventure and again the administration and this congress has overpromised and now they're underdelivering and looking for people to blame. >> nevertheless the trend in the numbers has been their friend. i wonder why they pounce to explain a volatile weekly jobs report. or just leave it be because they've been arguing and economists agree that the state of numbers have been generally better than they have been.
what are you -- >> but think about it. >> neil: my question to you is, they want to focus on this trend and just that trend. what do you think of that? >> well, i think what they're doing is falling into a trap, a trap we saw during the course of the campaign and a trap we've seen the democrats fall into time and time again. it's overpromising and underdelivering and so when they make declare active statements like 14 or 15 months ago that if you pass the stimulus bill, unemployment will peak at 8% and that obviously doesn't happen, all they're doing is backpedaling and redefining and parsing and losing a great deal of confidence the public gave them originally. we've seen this in healthcare and a host of areas. >> a pleasure. thank you very much. >> neil: treasury secretary is in china. the donald in an uproar.
tim geithner trying to smooth things over with one of america's biggest creditors, realigning the chinese currency. donald trump is saying we're looking like successors and beggars and joins us on the phone. you were on top of this chinese situation before really any prominent american executive. your big worry is they're taking us to the cleaners. >> i know china and many of the people in china and many of the big business people and they're laughing at us, they think we're stupid and our representatives are so stupid, they can't believe what they're get aig way with. they take our money, suck it out of us, we charge them virtually no tax and no tax and they loan it back to us and then they have our treasury bills and we say we have to be afraid of china because they have our treasury bills. the problem is we don't
manufacture anything anymore. i bid furniture out on major project add i have six bids. every bit of furniture is being made from china. the one from america is more expensive because of the other problems that have been caused by us. so you know, if -- >> neil: why wouldn't you give the american company the job? >> i did. >> neil: you did? >> i had because they actually make a better product. the product is 100% better. the product, the stuff sent over from china is -- it falls apart after a year and a half. it's crap. >> i wonder -- i forget how frank you are. i wonderer -- >> it's more fun. >> neil: it is indeed. i wonder what the chinese musting saying to americans who worry about pulling out support of t bills and treasury. already now china's been
retrenching a little bit. japan is the country that now owns most of this stuff. so maybe they're threatening to make good on that. >> neil, we have all the power. if we say we're going to tax you 50% for all of the things that you sell to this country, you could today off your treasury bills in a short period of time. and by the way, guess what would happen? people would start making things in north carolina and alabama and illinois and lots of other places where they're all unemployed. we have the power. the day that happens, the chinese stop working and we put our people to work. it's crazy. between opec and china, this country can never be great because opec lifts the price of oil as we get better. i have a theory that opec caused a lot of the problem we had a year and a half ago because the oil price went to $150. when that was up at $150 you had not enough people giving credit for the oil price causing the
problem. i'm not not blaming other things but a big factor was our blood and the blood was oil. between opec and china, every time we do something, we're working to keep chinese people working. what about our people? >> neil: what about our companies that don't heed this get tough advice? with the exception of google that risks leaving the entire country, most don't do that. >> the thing is we don't need chinese products. we need oil because there are so many alternatives that could change if we're smart but we don't need chinese products. they've taken -- >> neil: say you're with tim geithner and his chinese counterpart what, would you do? >> you better start worrying about currency. because you know what's happening with us. they're manipulators, no
question about it. just the way they manipulated in the olympics with 13-year-old kids that weren't supposed to be there. like on the anthem sung by somebody that wasn't singing, if you remember that mess. you know, i deal with these people and this country so much and i could tell you so many things. they're laughing at our country. now, what we should do is tax the chinese but tax them big and the products that come in. you wouldn't have treasuries, you would -- we'll put our people back to work. and instead of lettinged blood flow out the, you'll put our people back to work. we don't need them to make toys for our children. we can make them here. >> neil: donald trump, good luck coming out of your shell, it seems to be working. >> thank you very much. so long. >> neil: the healthcare gravy train, lots of folks are calling halt insurance companies asking when their free care kicks in.
many are disappointed when they have to tell them the gravy train doesn't leave the station for another few years and even then, no everyone will be able to get on. with us, sam gibbs, e health these folks, after healthcare became law, what were they calling up and asking? >> they would call our call center and say, well, where's the free obama care? we're ready to get covered. >> neil: what would you have to tell them? >> we have to tell them that, well, before the bill passed, it was a debate in congress and we got another flood of calls after the bill did get through congress about where's the free obama care. people are just not informed about what's available. by the way, we get calls of i have preexisting conditions, what can i do? i can't afford healthcare. there's a lot of confusion. some people think there's free obama care but others are just
looking for health insurance and for place to find it. >> neil: by in large the confusion in the calls are you telling them that the good stuff is coming but it's way down the road or what? what's your standard line? za there's a few things. starting in six months or so, if you have a preexisting condition, the government's funded $5 billion for a high risk pool. your kids can stay on your plan until they're -- >> neil: preexisting conditions for everyone or just kids. >> kids 18 and under. >> neil: so those. >> if you're older. >> neil: what happens to them? >> so if you're older than that and have preexisting conditions, the high risk pools are special programs that if you couldn't get insurance because the carrier denied you, you can get available a high risk pool plan
covering people until 2014 when everyone will be required to be covered by the carriers. >> the ones you have to break to gently they're going to get coverage but it will be another few years, do they then say, will i still get it for free or what? >> yeah. unfortunately that's been part of just information that's out there. the healthcare legislation as you know is complicated. it's got a lot of moving parts to it and it's difficult to get an accurate picture. so people think we passed this healthcare reform and that now we're going to have universal coverage and that's not true. we have to break the news that no, there's no free care now. depending on your north income , starting in 2014 you'll get subsidies but today it's pretty much the way it's been the past decade or two. >> neil: interesting stuff. sam gibbs, thank you very much.
>> thank you, neil. >> richmond trump preaching anger in america. ben stein with over the top hypocrisy. buzz, the second man to walk on the moon angry about being the second man to get the boot from "dancing with the stars." buzz is here. [ advisor 1 ] i have clients say it's really hard to save for the future and they've come to a point where it's overwhelming. [ advisor 2 ] oh gee, i'm scared to tell you i've got this amount of credit card debt or i've got a 15-year-old and we never got around to saving for their college. that's when i go to work. we talk, we start planning. we can fix this. i know we can do it. when clients walk out of my office they feel confident about their retirement. [ male announcer ] visit and put a confident retirement more within reach.
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a lot of americans are angry and quite frankly we should be angry. just as we have seen through tht history, there are plenty of purveyors of hate looking to profit from the hurt. >> union chief richard is angry. ben stein wonder why, unions are making out pretty well, including a sweetheart one on healthcare. is this an act.
ben, a the actor, economist and author and his book is all the buzz in bookstores right now. good to see you. >> good to see you in the flesh. >> neil: what do you make of them essentially complaining here? that unions in general complain. >> two things that i have in reaction. one, he has some freaking nerve considering the fact mr. obama and the democratic congress have bent over backwards to do everything the afl-cio have done. they get sweetheart deals, including the taxation of cadillac health plans, you were generous to mr. trump ca and distant mention the part of this speech that was racism. that was a disgraced the way they trot out racism whenever
any discussion differs. >> neil: it's convenient. >> mr. obama, you're a racist. it's insulting to the democratic process jot. >> neil: the more you give, the more they expect. the units have gotten allot and have been shielded a lot and they're still bitching is. >> samuel was asked what does american labor want. later he said more and more and more. the unions want more and more and more. the problem is it's not at the expense of executives at goldman sachs but at other laborers priced out of the market, unable to get work because the money goes to union labor. it's an outrageous posture. all all for unions. i'm a union member and i love my unions but for unions to -- >> neil: actors guild.
>> screen actors guild. >> neil: do you have to belong? >> yes. i would join anyway. it's a great union. but for us to complain is ridiculous. we're well treated, especially in sag. >> in this book you talk about look at ways and mistakes of a lot of folks investing an people are sort of looking at the market again, it's been up and down but we're closing in on 11,000 and people are getting giddy, a little risk taking. how do you advise them. >> have a diversified portfolio. even when things went well there were no obvious signs of a bubble because we didn't know the values were falsified. even in the best of times, make sure you have plenty of cash, plenty of treasuries, you're diversified, small cap, large
cap investments and foreign domestic growth versus value. >> you're not a believer in individual stocks. >> i can't pick individual stocks, warren buffet can. >> some funds, the ten year period other s&p have been under water. >> treading water for ten years. if you chose the different -- even a few months difference, in the beginning and end point, it's a different story. >> neil: people are looking at that saying the multiyear advice doesn't pay off. >> what if you chose march 9-2009 as your beginning day for the s&p, you would have a gain off the charts. >> neil: the luck of the draw. >> keep investing. >> neil: add every month. >> if you can. keep your expenses low. i don't do that, i'm
extravagant. >> neil: and your wildly wealthy. >> modestly upper middle class. >> neil: you have homes in every town. >> that makes me poor, not rich. i have to pay the mortgage and insurance. >> neil: that -- >> i have a lot of nice stuff and the best thing i have is my wife and dogs and son and daughter-in-law. >> neil: real estate. >> i have a lot of really nice real estate and if it moves, i'll die a well to do man. >> neil: you're convinced we've seen the worst? >> the best buy right now, residential real estate. >> neil: in area that's bad? >> it's all good right now. >> neil: ben, love if, back on "fox business," if you don't get ... >> demand it. >> buzz aldrin, astronaut, pioneer, hero, dancer and now angry dancer. very angry dancer. ♪
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on this third week of competition the couple with the lowest combined total and leaving right now is ... buzz and ashley. >> i'm proud of you. >> thank you. thank you. >> neil: buzz, buzz gets the boot. and people the world over are still asking how a hero who literally reached the stars can get kicked off "dancing with the stars" so early on. we thought we'd get the buzz to give us the buzz. with buzzal aldrin, the second man to walk on the moon and
second guy to get kicked off the -- >> a gal was first. >> neil: weird, just weird. why did they do that to you? >> well, they -- i guess they didn't have enough voters to overcome the scores, the ratings scores. but you know, i can't compete with some of the professionals. >> neil: yes you could and you did. >> gold medal winner and figure skating. well -- >> neil: you were the audience favorite. i'm telling you here's what i think undid it. >> as much as i like you, the dance wasn't fantastic. >> but it was touching. >> don't do it buzz. >> don't get aggressive. >> why don't we go over there, just -- everybody play nice. >> neil: you were just kidding, of course.
>> sure. as a matter of fact, i wasn't supposed to be wearing the hat. every rehearsal we made was without the hat. then i decided to have the cap so that i could salute. we practiced a couple of times a salute, i turn around and drop the hat and duffle bag and rush out to see ashley. it was a little bit garbled and i couldn't hear the introduction, something was going on, a battery was admitting from my hearing aid. accidents -- >> neil: you were an audience favorite. it was bad move for ratings for you to be gone because you were a big draw and you were doing this for a reason, a serious reason. >> absolutely. i was doing this so people could remember the successes of apollo and a past that obviously, when my name is mentioned, they talk about being on the moon and -- >> neil: so nothing to do with
the hot young women. >> they think about the success of the apollo program and most people know that i feel very strongly about what we should do in the future. i've been thinking about it for years and years, new and better ways of doing this. >> neil: we're not doing that. we're for the doing that. apollo 17 commander, he's very angry about what's happening right now. he doesn't like nasa relegated to a role of helping the government discern engineer problems in toyota cars that essentially nasa, that got us to the moon, is now mr. good wrench. >> well, you look for the best talent and if you have a car problem and you want to find what the best talent is to look at a problem, looks like you may go to nasa. >> neil: you don't believe that, buzz? you went to the moon, discovered
and done things that are historic. and now, you're nasa people looking under the hoods? its ridiculous. >> all right. i'm not here to talk about toyota. >> neil: next week the president makes a big speech, talk to get nasa core stars, veterans, you're going to be there and other big heroes will be there. but he's talking about downsizing nasa, right? >> i don't know as that's the case. the budget is increased now. >> neil: the post shuttle effort is nixed, right? >> well, we're going to save money because we spent about $9 billion and 5 to 6 years going down a pathway that was unsustainable jot president more or less said that. >> yes, that's right. >> neil: but i thought he nixed,
buzz, the revisit the moon thing. >> i think he did. >> neil: how do you feel about in a? >> i feel our experience in going to the moon is best used by helping china, helping india, helping japan and europe. >> neil: what about us? >> we go to mars in a two-face phase program, first the 50th anniversary of the lunar landing. another 15 years, we'll get us there. >> neil: has the president indicated to you or powers that be -- you're connect today powerful folks, have any of them said we're all for going to mars? i haven't heard that. >> mars has always been the ultimate -- >> neil: i know but have you heard from washington that's the new goal? >> i hope it will be. >> neil: i haven't heard that. you might be disappointed. >> that's right. >> neil: you don't here hear
that. >> a flexible program goes to many destinations. it should be a flexible program pointed toward perm nance on mars by way of orbits to the moon. >> neil: you believe in helping other people, do you really -- you triumphed in the race to the moon against the soviets and you're -- >> the purpose is to develop the moon now. not to explore. we spent a lot of money and a lot of time, 40 years ago, and exploredded moon. now is the time to develop the moon with robots. >> neil: gue you don't see the u.s. leading the charge? >> why should we lead it. we won the race 40 years ago. going back to the moon is doing something we've done already. it would interfere with the main objective, which is for a leader of the nation, which now is
possible, to proclaim an initiative a two-phase initiative for permanent on mars. that leader will go down in history. if he doesn't do it, the next president will. don't you agree with that? >> neil: you scare me. i agree with anything you say. i will say i never ever ever am going to watch "dancing with the stars" ever. thank you very much, very good having you. >> thank you a lot. >> neil: that is an american hero, my friend. we have more coming up. mortgage rates are leaping. why isn't america's leading realtor worrying? hello dolly. census takers getting information from your neighbor. hope you're on good terms with your neighbor. 
>> neil: welcome. just when we were seeing signs of hope for the housing marketed, mortgage rates spiked. spiking is a pejorative. a 30-year rate is 5.2%. that's a bargain compared to when i was buying my first house. nevertheless that's the fear. we got worried. some fear it will send housing in a downward spiral. dolly, one of the top real estate brokers in the u.s. of a. dolly, good, bad signs? >> the interest rates were
expected to spike so it's not surprising. >> neil: spike? i remember mid '80s. >> an 8-month high. >> neil: but i remember 13, 14, 16% rate. >> i took mortgages at 18%. >> neil: how high do we go? >> i can see see 6. i could see it going 6 without a problem. the good news is people who are afraid it will be at 6 may cut a deal. >> neil: they jump in. >> exactly. >> neil: then everything has to fall in place, the rates and then the properties they're looking at, the buyers, the sellers have to agree, then the appraisals. >> it's a -- the appraisals. the appraisals. >> neil: those guys were torn apart for being aggressive and generous, now the other way. >> yes, still the case. the financing is driving everything. if you can't get it, you're not
making a deal. >> i talked to a number of powerful bankers, this show generates powerful viewers and they were telling me, you know, the right candidates will get financing. that's never a problem. >> the right candidates, the very high end over 5 million-dollar candidates. >> neil: this is the crowd you hang out with. >> in new york city? >> neil: they're talking about the aggregate, not the 5 million and over. >> i don't think they're talking about the $750,000 crowd because they won't definitely get financing. we've had a lot of turndowns. >> neil: that people used to get passed. >> yes. >> neil: you're saying they're lying? >> maybe they're exaggerating. >> neil: another phenomenon, in florida we get reports of ocean front real estate coming back but just across the street, not. what is that about? >> financing, the ocean front people generally are part of the private bank of a bank, whether
morgan stanley or bank of america or whomever. they have latitude the regular banks don't. >> neil: they're not all private banks. >> the majority. >> neil: i thought it was driven by the you got the more desirable real estate, you're right there. >> the more desirable real estate by drives the buyers. >> neil: you're saying the people across the street are losers? >> in a spectrum. they're not as easily able to get financing and no, not jumpig in. >> neil: they sit and coast and others on the coast soar. >> yes. and we're seeing bidding wars in florida. >> neil: is that the order of events for housing comebacks? these are the things that -- that part moves and the rest follows? a trickledown. >> we have a lot toover come before that happens. we have to overcome healthcare, taxes, who is going to pay.
people have to be burdened in how they weigh their housing. it will be weighed by the other burdens. if you're earmarking 30% of your income to housing, what's 30%? >> neil: yeah. dolly, always fun. you've been dead on through this whole thing. >> remember that guilty millionaire dude lamenting he wanted to pay more in taxes? the millionaire who was watching him on tv here to offer him some advice. get ready, it's about to get nasty.
>> given the fiscal train wreck it doesn't seem unreasonable to ask somebody such as myself to pay taxes. >> you're an extremely wealthy guy. >> i don't know about in a. >> i do. my next guest saw that and
thinks this type of thinking is hurt. tom co founded dorsy wright associates nearly 25 years ago. tom, a good to see you. >> neil, good to see you too. it's been a long time. >> same here. i regret that but i love your email when you had seen this exchange and you said, no, no, no. what bugged you the most? >> i almost fell off the exercise bike when i'm watching this. i believe this. a person saying i want to get taxed more. i said how can i get there? maybe neil can send me information. >> neil: his income comes through capital gains and dividends. that's why that rate is so low. so what are you saying? that he's masked the searsness? >> it was confusing what he was trying to say. i don't know many people understand there are other people that say my secretary
makes -- pays a higher tax than i pay but people who live on capital gains is a lower bracket and people add in municipal bonds, tax free, and dividends from stocks. that's a different tax situation. if you're a proprietor of a sub chapter s company, small companies and little guys, when you increase taxes, they're in the w2 club. the money they get flows straight to personal taxes a and when they go up, they're not in the 13%. >> neil: it's their income. that income rate moves from 35 to 39.6% january 1. then what. >> that's right. then add in there state taxes, i'm at the 3% tax bracket. a add in healthcare tax we're going to be taxed. 43%. bush sunset takes puts me at
48%. go to google and type in laughter curve and learn. once you push a person to 48% you're causing them to begin thinking about what am i going to do. you push me to 50% and i find i have to work 'til wednesday to give to the government and i have thursday and friday myself. then you look at a person like myself, only 62 years old,. >> neil: i know your weight and you take good care of yourself. if the government -- >> i'm saying people not nearly as wealthy as you will say cry me a river. you can well afford paying high rates. i don't agree but that's the prevailing view. what do you say is the pushing point, 48%? >> 38% pushes you over the laughter curve. there's people that say if i
could make -- if i could make 20 administers -- 20% of what you make, i wouldn't mind ifthy took 20% of my income. to get this point t took starting a company with nothing, borrowing money with only hope arc pregnant wife, two young sons and a prayer. 24 years later of hard work, day and night, you reach the point where you have two dimes to rub together. you've invested and you have employees that might company now supports 16 employees. so you get to a point on that 48% level, if you -- i'm not sure what it is but at 48% it makes people like myself think maybe i should start traveling around the world. i need a different% -- i need to sell my company to someone less capable of running it than myself. >> neil: i don't want you to do that. we'll watch closely but very good reminder to all. thank you very much.
buddy, good seeing you again. >> up next. >> so, ever been a spy? [ laughter ] >> i beg your pardon? >> neil: , i don't. neighbors spying on neighbor. al bundy is worried about it. is the census going to make you do it? john stossel is next and heemt ain't happy about it. n 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today.
>> neil: a census taker and stalker. documents show workers will question your neighbors if you do not cooperate and that is after they pay as many as six visits to your house.
what is an uber libertarian like john stossel to do and to say about this? his show tonight at 8:00 p.m. on the "fox business" network, which if you don't get ...y demand it. >> yesterday they were horrible. they didn't say anything. i caught them offguard, nothing. now they're back in rare form. >> ask your cable company. >> neil: exactly. what do you think of this census thing? it's intrusive like everything government does but six times and then they ask your neighbor because they have to get this information, spending $15 billion hiring 700,000 people. i get so annoyed at their ads, i think we have a clip of one. like the country will die if we don't get this information. >> neil: listen to this. >> if we don't know how many people there are, how do we know how many roads we need? if we don't know how many kids there are, how do we know how
many classrooms we need is in the census helps us know exactly what we need so everyone gets their fair share of funding. >> how do we get food in the supermarket? how much food to have in there are ways to find things on. life goes on but government has to intrude. >> neil: you're not a fan of the commercials, are they paying for the commercials, guys, on fox? >> we like to think. >> neil: i'm curious, with this -- six times the census workers comes to your house, right? if you don't answer or you're hiding behind the door. >> if you tell them i'm not going to answer, they can go to the neighbor after one time. >> neil: they ask them the same questions they ask you, right? >> presumably. >> neil: your problem is what? >> if you're going to do it, i'm glad you're thorough. it's in the limited role the
government but they -- all these questions weren't in there, they just said a count of the people. i won my first emmy award on a story about how senses workers, they higher temporary workers and it's dangerous to go to some neighborhoods, they went to mcdonald and made stuff up. filled the forms out themselves. >> i went to my 4h club award and same thing. no. tonight, libertarians looking at the phenomenon. >> tonight on my show on the business network, which not everybody gets. >> neil: not good. >> not good. what is a libertarian. >> i was a leftist like most in this business and i wised up and became a libertarian. i thought people knew what it meant but apparently they don't. >> "fox business," whichon was pointing out, if you do not get ...
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have you any of you look at what somebody else is paying and pulled back from the expensive appetizer that someone else is treating you at an expensive restaurant? some do, but most don't. here is why. it's human nature not to care about the price of the skin in the game if you have no skin in the game. now that i discovered half of the country household don't pay any taxes at all, it's clear to me they have no skin in the game either so little reason to worry about the price of the skin or the game. so no wonder they don't care how much a government program
costs. it's not costing them anything, so why should they? no wonder they don't care about hiking taxes on the rich. no one is hiking taxes on them. like i said, they're not even paying taxes, are they? it's hard to expect someone to care about costs when it's no cost to them. that is the danger, my friends, of running a government where half get it for free and the other half just get it. don't politicians know it? they know they can keep spending because half the country isn't paying so likely isn't likely watching. that doesn't mean they aren't griping. some of the same folks who get a lot more nothing, are the first to say they deserve a lot more. even though they are paying nothing. like the dude being treated at the restaurant who complains about the poor service or the cold soup and then has the nerve to question the size of the tip, left by the generous host. now you would think the host would just pour the soup over the ingrate's head. but the host doesn't do that, does he? we don't do that, do we?
and we're the hosts, aren't we? paying for all of this, wondering how we will afford this. the folks that keep paying are demanding and politicians who have to problem with us paying keep spending i guess because they figure free loaders are the base and chemohappy. we're just off base so who gives a damn if we're not happy? that is what happens if you take country to dinner and stick precious few with the bill, only if you worry about the bill. the rest don't know there is a bill. my family. that will do it here. don't forget, live in atlanta next week covering the tax protest at georgia state in capital atlanta, april 15. 4 p.m. on fox news. then 6:00 p.m. on fbn. marco rubio, the rising republican star, he will be there. virginia thomas, wife of supreme court justice clarence thomas. both networks. big story.